An English medium school registered under Societies Registration Act has excess of income over expenditure to the tune of Rs.90,000 during previous year 2006-07.Is it mandatory for the school to file IT Return? If yes should it be in form ITR7 ?
How to calculate FBT liability if assessee falls under section 44AE/AD/AF. i.e presumptive income
What's the exact meaning of leased telephone line, since this is excluded from FBT criteria.
Sir
1-whether provision for hospitality will cover the refreshment( Tea & snacks) provided to employee's purchased from outside.
2-Where the expendiure incured by way of non transferable paid voucher should be used by employee. Whether eating joints must be of employer.
what is the procedure for filing E-TDs for a company? Please answer in details.
Sir having reference to the section 115 WB (1)subclause (A)which provides FBT on benifit reimbursed or otherwise provided by employer,
Now my question is that whether two wheeler expenses like petrol & repairs will be covered under this clause or tho wheeler is excluded. Since there are deemed FBT only for aircraft & motor car.
please gide the valuation of expenses incured on two wheeler also.
please give a coverage area of this clause.
thanks in advance.
Dear sirs,
Is it necessary to submit House rent paid receipts to employer, if yes, should the rent receipt include pan no of the landlord pls provide the relevant income tax act/circulars/notifications in this regard...
We are deducting tax at source but PAN Nos of most of our deductee is not there. Hence e filling computer is not allowing us to file T.D.S. Return. What is our fault and what is the solution
We have changed the name of three of our private limited companies. We have three times applied for the change of name in PAN card. But same is returned showing “mismatch of name”. We have also tried differently after talking over telephone but all the times failed. They are not giving us any opportunity to meet us personally so that we can show every thing to them and discuss remedy.
What is the solution? How to knock a close door? We are facing a lot of problems for not getting PAN card with new name.
if a person trades in shares and provides professional services as well, wil seperate p&l accounts be prepared to ascertain the net profit from the two?
if no, then how will we assess the income from share trading in order to claim the rebate u/s 88E
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
IT Return for school